FHA Loan Calculator

Calculate FHA loan payments including mortgage insurance premium (MIP). See upfront and annual MIP costs for FHA-backed mortgages.

Financial Disclaimer

This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.

Inputs

Home Price

Down Payment

Interest Rate

Loan Term

years

Summary

Total Monthly Payment

$2,466.92

Monthly P&I$1,861.86

Monthly MIP$205.06

Upfront MIP (1.75%)$5,066.25

Total MIP Over Loan$78,888.75

Total Loan Amount$294,566.25

Down Payment$10,500.00

Yearly Principal, Interest & MIP

Monthly Payment Breakdown

How to Use This Calculator

Enter the home purchase price.
Set your down payment — FHA loans require a minimum of 3.5% down.
Enter the interest rate and loan term.
Add annual property tax and homeowner's insurance estimates.
Review the monthly MIP (mortgage insurance premium), upfront MIP (1.75% of loan), and total monthly payment.

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